Vault-13

FIRST TR EXCHNG TRADED FD VI UCON

TCW UNCONSTRAI · ETP · CUSIP 33740F888

275 institutional holders -15 vs Q1 2025
101,689,808101.7m shares reported held*
$2.5bnreported value*
12 new 111 added 132 reduced 31 sold out net sold ≈ $431.6m (-17.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.91.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 172Q4 22: 184Q1 23: 186Q2 23: 185Q3 23: 198Q4 23: 214Q1 24: 221Q2 24: 243Q3 24: 258Q4 24: 301Q1 25: 290Q2 25: 275275Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022172
Q4 2022184
Q1 2023186
Q2 2023185
Q3 2023198
Q4 2023214
Q1 2024221
Q2 2024243
Q3 2024258
Q4 2024301
Q1 2025290
Q2 2025275

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 130 bought or addedQ3 23: 66 cut or sold outQ4 23: 137 bought or addedQ4 23: 78 cut or sold outQ4 23Q1 24: 144 bought or addedQ1 24: 77 cut or sold outQ2 24: 166 bought or addedQ2 24: 76 cut or sold outQ2 24Q3 24: 175 bought or addedQ3 24: 78 cut or sold outQ4 24: 173 bought or addedQ4 24: 102 cut or sold outQ4 24Q1 25: 172 bought or addedQ1 25: 130 cut or sold outQ2 25: 123 bought or addedQ2 25: 163 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202313066
Q4 202313778
Q1 202414477
Q2 202416676
Q3 202417578
Q4 2024173102
Q1 2025172130
Q2 2025123163

Biggest buyers

ROYAL BANK OF CANADA Added +4,331,620+4.3m
HBW ADVISORY SERVICES LLC Added +344,889+344.9k
Spectrum Wealth Advisory Group, LLC Added +302,458+302.5k
Live Oak Investment Partners New +296,599+296.6k
CAPTRUST FINANCIAL ADVISORS Added +218,574+218.6k
AMERIPRISE FINANCIAL INC Added +216,742+216.7k
Cambridge Investment Research Advisors, Inc. Added +214,671+214.7k
WELLS FARGO & COMPANY/MN Added +189,460+189.5k
Legacy Wealth Managment, LLC/ID Added +149,128+149.1k
Holistic Financial Partners Added +132,376+132.4k

Biggest sellers

UBS Group AG Reduced -8,503,376-8.5m
Wagner Wealth Management, LLC Reduced -1,410,822-1.4m
LPL Financial LLC Reduced -1,299,723-1.3m
Christopher J. Hasenberg, Inc Reduced -1,267,399-1.3m
Morling Financial Advisors, LLC Reduced -1,253,420-1.3m
COMMONWEALTH EQUITY SERVICES, LLC Reduced -761,926-761.9k
Brookwood Investment Group LLC Reduced -687,923-687.9k
McCarthy & Cox Reduced -687,220-687.2k
Rehmann Capital Advisory Group Reduced -677,972-678.0k
HARBOUR INVESTMENTS, INC. Reduced -669,214-669.2k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 11,116,58911.1m $276.7m $276.7m 0.09% Reduced -1.3m -1,299,723
2 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 8,150,9328.2m $202.9m $202.9m 0.02% Added +4.3m +4,331,620
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,197,0547.2m $179.1m $179.1m 0.01% Reduced -51.6k -51,645
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 5,297,0315.3m $131.8m $131.8m 0.03% Added +189.5k +189,460
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,739,4373.7m $93.1m $93.1m 0.01% Reduced -451.9k -451,944
6 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,757,8842.8m $68.6m $68.6m 0.02% Added +216.7k +216,742
7 HARBOUR INVESTMENTS, INC. 1.68% of their portfolio MADISON, WI 2,664,7322.7m $66.3m $66.3m 1.68% Reduced -669.2k -669,214
8 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 2,290,9782.3m $57.0m $57.0m 0.07% Added +48.5k +48,514
9 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,208,2132.2m $55.0m $55.0m 0.02% Reduced -533.5k -533,467
10 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,943,9221.9m $48.4m $48.4m 0.02% Reduced -18.8k -18,824
11 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 1,899,0461.9m $47.3m $47.3m 0.07% Added +52.1k +52,106
12 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,614,7391.6m $40.2m $40.2m 0.07% Added +40.2k +40,227
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,610,5651.6m $40.1m $40.1m 0.00% Reduced -387.8k -387,806
14 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,285,8791.3m $32.0m $32.0m 0.04% Reduced -761.9k -761,926
15 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 1,255,2581.3m $31.2m $31.2m 0.10% Added +214.7k +214,671
16 Csenge Advisory Group 1.62% of their portfolio CLEARWATER, FL 1,246,4831.2m $30.8m $30.8m 1.62% Added +62.0k +62,015
17 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,215,2671.2m $30.2m $30.2m 0.05% Reduced -48.1k -48,148
18 First Heartland Consultants, Inc. 2.30% of their portfolio LAKE ST. LOUIS, MO 1,041,1781.0m $25.9m $25.9m 2.30% Added +109.9k +109,884
19 Bensler, LLC 2.67% of their portfolio Bellevue, WA 957,606957.6k $23.8m $23.8m 2.67% Added +107.5k +107,543
20 IFP Advisors, Inc 0.67% of their portfolio TAMPA, FL 948,605948.6k $23.6m $23.6m 0.67% Added +114.0k +113,986
21 Dynamic Advisor Solutions LLC 0.72% of their portfolio PHOENIX, AZ 936,102936.1k $23.3m $23.3m 0.72% Added +14.1k +14,078
22 Integrated Wealth Concepts LLC 0.21% of their portfolio WALTHAM, MA 838,239838.2k $20.9m $20.9m 0.21% Added +27.6k +27,550
23 Wagner Wealth Management, LLC 4.57% of their portfolio GREENVILLE, SC 805,495805.5k $20.0m $20.0m 4.57% Reduced -1.4m -1,410,822
24 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 778,630778.6k $19.4m $19.4m 0.04% Added +122.0k +122,030
25 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 756,286756.3k $18.8m $18.8m 0.02% Reduced -123.2k -123,171
26 PARK NATIONAL CORP /OH/ 0.61% of their portfolio NEWARK, OH 743,574743.6k $18.5m $18.5m 0.61% Reduced -140.8k -140,751
27 Cyndeo Wealth Partners, LLC 1.10% of their portfolio ST. PETERSBURG, FL 743,443743.4k $18.5m $18.5m 1.10% Added +7.4k +7,356
28 TruWealth Advisors, LLC 1.00% of their portfolio Metairie, LA 731,742731.7k $18.2m $18.2m 1.00% Added +778 +778
29 Commonwealth Financial Services, LLC 3.32% of their portfolio VIENNA, WV 692,946692.9k $17.2m $17.2m 3.32% Reduced -21.3k -21,329
30 Spectrum Wealth Advisory Group, LLC 7.91% of their portfolio GRANITE BAY, CA 683,331683.3k $17.0m $17.0m 7.91% Added +302.5k +302,458
31 Capital Investment Advisory Services, LLC 1.37% of their portfolio RALEIGH, NC 670,798670.8k $16.7m $16.7m 1.37% Added +6.2k +6,163
32 Geneos Wealth Management Inc. 0.40% of their portfolio ENGLEWOOD, CO 663,387663.4k $16.5m $16.5m 0.40% Reduced -267.4k -267,421
33 KESTRA PRIVATE WEALTH SERVICES, LLC 0.24% of their portfolio AUSTIN, TX 660,003660.0k $16.4m $16.4m 0.24% Reduced -43.0k -42,982
34 EdgeRock Capital LLC 5.17% of their portfolio DENVER, CO 656,393656.4k $16.3m $16.3m 5.17% Reduced -26.6k -26,646
35 Larson Financial Group LLC 0.64% of their portfolio ST LOUIS, MO 641,901641.9k $16.0m $16.0m 0.64% Reduced -91.6k -91,580
36 Visionary Wealth Advisors 0.81% of their portfolio O'FALLON, IL 638,582638.6k $15.9m $15.9m 0.81% Added +59.0k +58,993
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 629,157629.2k $15.7m $15.7m 0.00% Reduced -8.5m -8,503,376
38 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 587,966588.0k $14.6m $14.6m 0.01% Added +6.8k +6,844
39 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 573,233573.2k $14.3m $14.3m 0.02% Added +62.8k +62,833
40 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 571,257571.3k $14.2m $14.2m 0.02% Reduced -25.1k -25,125
41 Navalign, LLC 3.75% of their portfolio ENCINO, CA 546,058546.1k $13.6m $13.6m 3.75% Reduced -27.9k -27,869
42 Holos Integrated Wealth LLC 7.94% of their portfolio KENNETT SQUARE, PA 529,816529.8k $13.2m $13.2m 7.94% Reduced -6.2k -6,246
43 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 522,902522.9k $13.0m $13.0m 0.06% Added +664 +664
44 Etesian Wealth Advisors, Inc. 4.71% of their portfolio West Linn, OR 507,151507.2k $12.6m $12.6m 4.71% Added +50.8k +50,779
45 Chicago Partners Investment Group LLC 0.34% of their portfolio CHICAGO, IL 470,634470.6k $11.7m $11.7m 0.34% Added +11.6k +11,567
46 Walkner Condon Financial Advisors LLC 2.14% of their portfolio MADISON, WI 467,120467.1k $11.6m $11.6m 2.14% Reduced -22.7k -22,682
47 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 462,516462.5k $11.5m $11.5m 0.02% Reduced -18.0k -17,984
48 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 447,389447.4k $11.1m $11.1m 0.02% Added +218.6k +218,574
49 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 439,861439.9k $10.9m $10.9m 0.06% Reduced -32.3k -32,343
50 Mariner, LLC 0.02% of their portfolio Overland Park, KS 435,319435.3k $10.8m $10.8m 0.02% Reduced -28.3k -28,285
51 Kingsview Wealth Management, LLC 0.18% of their portfolio GRANTS PASS, OR 432,123432.1k $10.8m $10.8m 0.18% Reduced -3.7k -3,741
52 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 432,079432.1k $10.8m $10.8m 0.06% Added +29.1k +29,076
53 Rehmann Capital Advisory Group 0.65% of their portfolio LANSING, MI 430,203430.2k $10.7m $10.7m 0.65% Reduced -678.0k -677,972
54 Boyce & Associates Wealth Consulting, Inc. 9.66% of their portfolio CEDAR PARK, TX 425,129425.1k $10.6m $10.6m 9.66% Reduced -12.1k -12,116
55 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 395,267395.3k $9.8m $9.8m 0.03% Added +113.7k +113,666
56 &PARTNERS 0.08% of their portfolio NASHVILLE, TN 394,462394.5k $9.8m $9.8m 0.08% Added +14.5k +14,545
57 HBW ADVISORY SERVICES LLC 1.53% of their portfolio SIMI VALLEY, CA 389,311389.3k $12.4m $12.4m 1.53% Added +344.9k +344,889
58 Western Wealth Management, LLC 0.57% of their portfolio GOLDEN, CO 387,317387.3k $9.6m $9.6m 0.57% Added +5.5k +5,507
59 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 386,294386.3k $9.6m $9.6m 0.08% Reduced -18.3k -18,345
60 SlateStone Wealth, LLC 0.90% of their portfolio JUPITER, FL 384,965385.0k $9.6m $9.6m 0.90% Reduced -31.2k -31,218
61 Good Life Advisors, LLC 0.57% of their portfolio READING, PA 364,676364.7k $9.1m $9.1m 0.57% Added +35.4k +35,372
62 Mach-1 Financial Group, LLC 2.64% of their portfolio Rogers, AR 363,819363.8k $9.1m $9.1m 2.64% Added +47.4k +47,387
63 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 362,234362.2k $9.0m $9.0m 0.03% Added +5.7k +5,693
64 Darwin Wealth Management, LLC 3.05% of their portfolio TAMPA, FL 353,683353.7k $8.8m $8.8m 3.05% Reduced -25.8k -25,833
65 Apollon Wealth Management, LLC 0.17% of their portfolio MOUNT PLEASANT, SC 353,222353.2k $8.8m $8.8m 0.17% Reduced -94.5k -94,459
66 Holistic Financial Partners 3.83% of their portfolio INDIANAPOLIS, IN 351,966352.0k $8.8m $8.8m 3.83% Added +132.4k +132,376
67 Certified Advisory Corp 0.91% of their portfolio ALTAMONTE SPRINGS, FL 350,088350.1k $8.7m $8.7m 0.91% Reduced -8.0k -8,046
68 Prasad Wealth Partners, LLC 2.41% of their portfolio INDEPENDENCE, OH 330,503330.5k $8.2m $8.2m 2.41% Reduced -116.3k -116,256
69 Tolleson Wealth Management, Inc. 1.40% of their portfolio DALLAS, TX 328,915328.9k $8.2m $8.2m 1.40% Added +44.7k +44,692
70 CoreCap Advisors, LLC 0.33% of their portfolio SOUTHFIELD, MI 324,944324.9k $8.1m $8.1m 0.33% Added +26.6k +26,557
71 EARNED WEALTH ADVISORS, LLC 1.58% of their portfolio WALNUT CREEK, CA 323,256323.3k $8.0m $8.0m 1.58% Added +86.5k +86,545
72 Philip James Wealth Mangement, LLC 1.01% of their portfolio MILTON, GA 319,333319.3k $7.9m $7.9m 1.01% Added +1.6k +1,601
73 Aptus Capital Advisors, LLC 0.08% of their portfolio FAIRHOPE, AL 319,168319.2k $7.9m $7.9m 0.08% Added +13.9k +13,896
74 Wealth Advisory Team LLC 7.33% of their portfolio BELLEVUE, KY 314,692314.7k $7.8m $7.8m 7.33% First filing
75 XML Financial, LLC 0.67% of their portfolio BETHESDA, MD 308,674308.7k $7.7m $7.7m 0.67% Added +301 +301
76 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 302,651302.7k $7.5m $7.5m 0.01% Added +33.9k +33,864
77 Live Oak Investment Partners 5.67% of their portfolio AUSTIN, TX 296,599296.6k $7.4m $7.4m 5.67% New
78 Beaumont Financial Advisors, LLC 0.52% of their portfolio NEEDHAM, MA 290,312290.3k $7.2m $7.2m 0.52% Reduced -14.2k -14,230
79 MATHER GROUP, LLC. 0.08% of their portfolio CHICAGO, IL 289,129289.1k $7.2m $7.2m 0.08% Added +2.4k +2,434
80 PFG Advisors 0.33% of their portfolio Phoenix, AZ 288,901288.9k $7.2m $7.2m 0.33% Added +18.0k +18,009
81 Goldstone Financial Group, LLC 0.94% of their portfolio OAKBROOK TERRACE, IL 287,618287.6k $7.1m $7.1m 0.94% Reduced -6.0k -6,008
82 Bleakley Financial Group, LLC 0.18% of their portfolio PARSIPPANY, NJ 280,562280.6k $7.0m $7.0m 0.18% Added +10.1k +10,132
83 Legacy Investment Solutions, LLC 3.65% of their portfolio BOISE, ID 276,854276.9k $6.9m $6.9m 3.65% First filing
84 Legacy Wealth Managment, LLC/ID 3.65% of their portfolio BOISE, ID 276,854276.9k $6.9m $6.9m 3.65% Added +149.1k +149,128
85 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 275,756275.8k $6.9m $6.9m 0.01% Reduced -7.3k -7,256
86 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 275,478275.5k $6.9m $6.9m 0.05% Reduced -3.8k -3,823
87 GSG Advisors LLC 1.79% of their portfolio MOUNT LAUREL, NJ 248,414248.4k $6.2m $6.2m 1.79% Reduced -2.6k -2,618
88 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 5.97% of their portfolio APPLETON, WI 245,652245.7k $6.1m $6.1m 5.97% Added +7.5k +7,517
89 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 240,141240.1k $6.0m $6.0m 0.02% Added +14.8k +14,801
90 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 239,994240.0k $6.0m $6.0m 0.03% Added +6.9k +6,854
91 TrueWealth Advisors, LLC 1.74% of their portfolio BIRMINGHAM, AL 236,886236.9k $5.9m $5.9m 1.74% Added +37.3k +37,287
92 Entruity Wealth, LLC 4.78% of their portfolio BAKERSFIELD, CA 225,970226.0k $5.6m $5.6m 4.78% Added +13.8k +13,809
93 WCG Wealth Advisors LLC 0.36% of their portfolio LAS VEGAS, NV 225,734225.7k $5.6m $5.6m 0.36% Added +18.8k +18,757
94 Stratos Investment Management, LLC 0.25% of their portfolio BEACHWOOD, OH 221,271221.3k $5.5m $5.5m 0.25% Added +49.1k +49,071
95 TWIN PEAKS WEALTH ADVISORS, LLC 1.78% of their portfolio SAN FRANCISCO, CA 221,001221.0k $5.5m $5.5m 1.78% Added +1.3k +1,333
96 BEACON FINANCIAL GROUP 0.57% of their portfolio DALLAS, TX 219,131219.1k $5.5m $5.5m 0.57% Reduced -23.5k -23,485
97 Keel Point, LLC 0.33% of their portfolio HUNTSVILLE, AL 202,658202.7k $5.0m $5.0m 0.33% Reduced -438 -438
98 Total Clarity Wealth Management, Inc. 1.40% of their portfolio ST. CHARLES, IL 196,457196.5k $4.9m $4.9m 1.40% Reduced -14.9k -14,882
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 196,194196.2k $4.9m $4.9m 0.01% Reduced -96.3k -96,259
100 Redhawk Wealth Advisors, Inc. 0.59% of their portfolio MINNEAPOLIS, MN 189,841189.8k $4.7m $4.7m 0.59% Reduced -105.2k -105,202